Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614451
Bank Name:Indian Bank
Branch Name:Zonal Office : Thiruvananthapuram
Reserve Price:₹4,73,000
EMD:₹47,300
Bid Increment:₹10,000
Auction Time:11.00 AM to 04.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:18-11-2025 05:00 PM
Bid Start Date:2025-11-19
Property Description
This is a bank auction for a piece of land located in Kottarakkara, Kollam, Kerala. The property is being auctioned by Indian Bank under SARFAESI norms. It's a residential asset previously owned by Ms. Athira Sunil. The land offers a prime opportunity for development or investment in a growing area. Its exact size and dimensions will be detailed in the auction documents.
State:Kerala
City:Kollam
Area:Kottarakkara
Asset Category:Residential
Full Address:Re Sy No. 2612/12 with Kottukkal Village, Kottarakkara, Kollam
Size:2.43 Ares
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential land parcel in Kottarakkara, Kollam, Kerala. The auction will commence on November 19, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this valuable asset is ₹4,73,000, with an Earnest Money Deposit (EMD) of ₹47,300 required to participate. Prospective bidders are advised to review all auction terms and conditions provided by Indian Bank.
Borrower Name:Ms. Athira Sunil
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Sunil Kumar B
Legal Details
Possession Status:Symbolic
Encumbrance Details:NIL
Why This Property
The property is a land parcel in Kottarakkara, offered at a relatively low reserve price. While the location is decent, further due diligence is needed to assess its investment potential. The auction terms are standard, making it a calculated opportunity for potential buyers.
Contact Details
Branch:Branch Office : Zonal Office : Thiruvananthapuram
Service Provider:BAANKNET
Contact Details:
Contact no:9446003820
